Previous Close | 10.04 |
Open | 9.95 |
Bid | 0.00 x 800 |
Ask | 0.00 x 1000 |
Day's Range | 9.22 - 9.97 |
52 Week Range | 8.20 - 16.70 |
Volume | |
Avg. Volume | 611,954 |
Market Cap | 462.871M |
Beta (5Y Monthly) | 0.77 |
PE Ratio (TTM) | 23.87 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Subscribe to Yahoo Finance Plus to view Fair Value for RADA
When the markets crashed due to the pandemic, it seemed like the end of the world. However, dozens of stocks delivered multi-fold returns over the next 12-18 months. The euphoric rally in growth stocks was largely over towards the end of 2021. A key reason being contractionary policies coupled with toned down growth expectations. As the markets correct, there is pessimism among investors. However, the stage is also being set for the next rally. Over decades, markets have continued to remain in a
RADA Electronic Industries Ltd.(NASDAQ: RADA), an Israel-based provider of small-form tactical radars, and Leonardo DRS Inc have agreed to merge and become a combined public company. U.S.-based mid-tier defense technology provider Leonardo DRS is a wholly-owned subsidiary of Leonardo S.p.A. (OTC: FINMY). Leonardo DRS will acquire 100% of the share capital in RADA in exchange for ~19.5% equity ownership in the combined company to RADA shareholders. The combined company will maintain the name Leon
Leonardo's U.S.-based electronics unit, DRS, has agreed to buy Israel's RADA Electronic Industries, the Italian defence group said on Tuesday, paving the way for the combined business to list on the Nasdaq stock exchange. Shares in Leonardo rose as much as 9.7% on the news, making it the top performer in Milan's blue-chip index. Under the agreement, DRS will acquire 100% of the Israeli maker of tactical radar equipment, with current RADA shareholders then taking a 19.5% stake in the combined business.